Cathay Financial Holding Co (TPE:2882) Scaled Net Operating Assets : 0.05 (As of Dec. 2024)

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What is Cathay Financial Holding Co Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Cathay Financial Holding Co's operating assets for the quarter that ended in Dec. 2024 was NT$13,130,231 Mil. Cathay Financial Holding Co's operating liabilities for the quarter that ended in Dec. 2024 was NT$12,460,227 Mil. Cathay Financial Holding Co's Total Assets for the quarter that ended in Sep. 2024 was NT$13,312,555 Mil. Therefore, Cathay Financial Holding Co's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2024 was 0.05.

Cathay Financial Holding Co Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Cathay Financial Holding Co's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2024 is calculated as

	Scaled Net Operating Assets (SNOA)		(A: Dec. 2024 )
=	(Operating Assets (A: Dec. 2024 )	-	Operating Liabilities (A: Dec. 2024 ))	/	Total Assets (A: Dec. 2023 )
=	(13130230.513	-	12460226.932)	/	12810424.062
=	0.05

where

	Operating Assets		(A: Dec. 2024 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	13767150.337	-	636919.824
=	13130230.513

	Operating Liabilities		(A: Dec. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	12860623.632	-	400396.7	-	0
=	12460226.932

Cathay Financial Holding Co's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2024 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: Dec. 2024 )
=	(Operating Assets (Q: Dec. 2024 )	-	Operating Liabilities (Q: Dec. 2024 ))	/	Total Assets (Q: Sep. 2024 )
=	(13130230.513	-	12460226.932)	/	13312554.791
=	0.05

where

	Operating Assets		(Q: Dec. 2024 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	13767150.337	-	636919.824
=	13130230.513

	Operating Liabilities		(Q: Dec. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	12860623.632	-	400396.7	-	0
=	12460226.932

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Cathay Financial Holding Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Cathay Financial Holding Co Ltd (TPE:2882) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

2882B.PFD:Taiwan 2882A.PFD:Taiwan

Address

No. 296, Section 4, Jen Ai Road, Da\'an District, Taipei, TWN, 106

Website

https://www.cathayholdings.com

Cathay Financial Holding Co Ltd is a financial holding company that primarily serves the Taiwan market. The company offers a broad range of life insurance, banking and property and casualty insurance products to individual and corporate customers in Taiwan. The Group has five operating segments Banking operating segment, Life insurance operating segments, Property insurance operating segment, Securities operating segment, and Other operating segment. The company generates the majority of its revenue from the Life Insurance Division, which is engaged in interest-sensitive sales of traditional insurance, investment-linked insurance, and annuity insurance and providing financial planning services and policy loan services.